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Tag: Associated Press

Some Troops Killed In Helo Crash Identified

From the Associated Press: Reports identifying some of the U.S. troops killed when their helicopter was shot down in Afghanistan began circulating Sunday. Thirty Americans and eight Afghans were killed in the crash, making it the deadliest single loss for

One (Term) and Done: U.S. Debt Downgraded

From The Associated Press: Credit rating agency Standard & Poor’s on Friday downgraded the United States’ credit rating first time in the history of the ratings. The credit rating agency said that it is cutting the country’s top AAA rating

Final: Trillions More Added to Nation's Debt

From The Associated Press: President Barack Obama has signed legislation to increase the nation’s borrowing authority and avert a potentially catastrophic government default. Obama signed the bill privately in the Oval Office little more than an hour after the Senate

Deal Would Have Little Impact on Budget until 2014

From The Associated Press: The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending should have only a minor impact on the economy for the next two years. Almost all the

House Passes Debt Ceiling Deal

With more than 90 votes from Democrats, the House has passed the recently announced deal to hike the debt ceiling. From The Associated Press: With barely a day to act, the polarized US House of Representatives have approved a massive

Fear Over Debt Fight Taking Hold with Investors

From The Associated Press: A fast-approaching deadline is bound to heighten anxiety. That’s what happening on Wall Street as investors grow increasingly uneasy about the political stalemate over raising the nation’s debt ceiling. The Dow Jones industrial average has closed

Dems Gone Wild: Rep. Wu Will Resign

From The Associated Press: Democratic Rep. David Wu of Oregon announced Tuesday that he will resign amid political fallout from an 18-year-old woman’s allegations she had an unwanted sexual encounter with him. Within days of the allegation, Democratic leaders requested

Marine's Parents Sued Over Sign Supporting Son

From the Associated Press: BOSSIER CITY, La. — A south Bossier City homeowners association has sued to force a family to remove a front yard sign supporting their son’s military service because it violated subdivision covenants. The Times reports that

Obama Scrambles to Look Relevant in Debt Talks

From The Associated Press: Decrying a “partisan three-ring circus” in the nation’s capital, President Barack Obama criticized a newly minted Republican plan to avert an unprecedented government default Monday night and said congressional leaders must produce a compromise that can

Sources: NFL Lockout Over

NFL owners and players agreed early Monday to the terms of a deal to end the lockout, and players were expected to begin the voting process later in the day, two people familiar with the negotiations told The Associated Press.

Obama's Slippery 'Shifts' in the Budget Debate

From The Associated Press: The roller-coaster debate over raising the nation’s debt limit has forced the White House to explain away, brush aside or even ignore declarations by President Barack Obama and aides that no longer served much purpose in

Active Duty Troops March In Gay Pride Parade

From the Associated Press: SAN DIEGO — About 200 active-duty troops and veterans wearing T-shirts advertising their branch of service marched Saturday in San Diego’s gay pride parade with American flags and rainbow banners, marking what is believed to be

Statue of Ronald Reagan Unveiled in London

From the Associated Press: Ronald Reagan was hailed as “a great American hero” Monday as his admirers unveiled a 10-foot-tall (3-meter-tall) statue of the former U.S. president near the American embassy in London. Condoleezza Rice, national security adviser and secretary

Report: Iran Has Underground Missile Silos

From the Global Security Newswire: Few countries have this capability Iranian state television on Monday aired videos of subterranean launch facilities said to be holding medium- and long-range missiles for retaliating against a potential military strike, the Associated Press reported.

Protestors and Riot Police Clash in Athens

From the Associated Press: Riot police fired tear gas at youths hurling rocks near the Greek finance ministry Tuesday, trying to quell the anger unleashed by a general strike as parliament debated new cost-cutting measures. The latest austerity measures must

NYC 'Pride' Parade Turns Into Celebration of Gay Marriage

From the Associated Press: The floats were there, the music and dancing, too–all the usual staples of one of the world’s oldest and largest gay pride parades. But this year, something new joined the spectacle on the streets of New

Report: Hugo Chavez Near Death?

From the Associated Press: Venezuela’s President Hugo Chavez, who is in Cuba following emergency surgery, is in “critical” but stable condition, Miami’s El Nuevo Herald reported Saturday, citing US intelligence sources. Chavez’s government has said he was operated on for

Fed: Hey, the Economy Is Growing Slower than We Expected

From the Associated Press: The Federal Reserve acknowledged Wednesday that the economy is growing more slowly than it expected. But it said it will complete its $600 billion Treasury bond buying program by June 30 as planned and announced no

NLRB Moves to Speed Up Union Elections

From the Associated Press: Labor regulators are set to propose sweeping new rules Tuesday that would dramatically speed up the time frame for union elections, a move that could make it easier for struggling unions to organize new members, and

Tension Escalates in South China Sea

Tensions are spiking over the disputed territory around the Spratly Islands in the South China Sea. China, Vietnam, & the Philippines all lay claim to the area and supposed deposits of oil and natural gas have increased interest and conflict.